diff --git a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/resolvableMetadataConfiguration.kt b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/resolvableMetadataConfiguration.kt
index cc308ee966c..37f78dd9792 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/resolvableMetadataConfiguration.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/resolvableMetadataConfiguration.kt
@@ -134,9 +134,5 @@ private fun Project.configureConsistentDependencyResolution(groupOfSourceSets: C
     configuration.extendsFrom(*extenders.toTypedArray())
     groupOfSourceSets.forEach { it.internal.resolvableMetadataConfiguration.shouldResolveConsistentlyWith(configuration) }
 
-    // Make actual compilation classpaths/libraries configurations to have the same consistent dependencies
-    groupOfSourceSets
-        .flatMap { it.internal.compilations }
-        .toSet()
-        .forEach { project.configurations.getByName(it.compileDependencyConfigurationName).shouldResolveConsistentlyWith(configuration) }
+    // FIXME: KT-66375 Make actual compilation classpaths/libraries configurations to have the same consistent dependencies
 }
\ No newline at end of file
diff --git a/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/ResolvableMetadataConfigurationTest.kt b/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/ResolvableMetadataConfigurationTest.kt
index b8a37ebdb3f..d732a08a327 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/ResolvableMetadataConfigurationTest.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/ResolvableMetadataConfigurationTest.kt
@@ -19,6 +19,7 @@ import org.jetbrains.kotlin.gradle.plugin.kotlinToolingVersion
 import org.jetbrains.kotlin.gradle.plugin.mpp.resolvableMetadataConfiguration
 import org.jetbrains.kotlin.gradle.plugin.sources.internal
 import org.jetbrains.kotlin.gradle.util.*
+import kotlin.test.Ignore
 import kotlin.test.Test
 import kotlin.test.assertEquals
 import kotlin.test.fail
@@ -115,6 +116,7 @@ class ResolvableMetadataConfigurationTest : SourceSetDependenciesResolution() {
     }
 
     @Test
+    @Ignore("TODO: KT-66375")
     fun jvmMainWithHigherVersion() {
         assertSourceSetDependenciesResolution("leafSourceSetWithHigherVersion.txt") { project ->
             project.defaultTargets()
@@ -130,6 +132,7 @@ class ResolvableMetadataConfigurationTest : SourceSetDependenciesResolution() {
     }
 
     @Test
+    @Ignore("TODO: KT-66375")
     fun nativeMainWithHigherVersion() {
         assertSourceSetDependenciesResolution("leafSourceSetWithHigherVersion.txt") { project ->
             project.defaultTargets()
@@ -142,6 +145,7 @@ class ResolvableMetadataConfigurationTest : SourceSetDependenciesResolution() {
     }
 
     @Test
+    @Ignore("TODO: KT-66375")
     fun jsMainWithHigherVersion() {
         assertSourceSetDependenciesResolution("leafSourceSetWithHigherVersion.txt") { project ->
             project.defaultTargets()
@@ -167,6 +171,7 @@ class ResolvableMetadataConfigurationTest : SourceSetDependenciesResolution() {
     }
 
     @Test
+    @Ignore("TODO: KT-66375")
     fun leafSourceSetsDependsOnDifferentVersionsAndCommonCodeDoesNot() {
         assertSourceSetDependenciesResolution("leafSourceSetsDependsOnDifferentVersionsAndCommonCodeDoesNot.txt") { project ->
             project.defaultTargets()
@@ -180,6 +185,31 @@ class ResolvableMetadataConfigurationTest : SourceSetDependenciesResolution() {
         }
     }
 
+    /**
+     * after KT-66375 is fixed it is expected that all source sets will have foo:2.0 dependency
+     * unless other is decided
+     */
+    @Test
+    fun KT66375JvmDependenciesShouldNotDowngrade() {
+        val appProject = buildProject(projectBuilder = { withName("app") })
+        val libProject = buildProject(projectBuilder = { withName("lib").withParent(appProject) })
+
+        assertSourceSetDependenciesResolution("KT66375JvmDependenciesShouldNotDowngrade.txt", withProject = appProject) {
+            appProject.applyMultiplatformPlugin().apply {
+                jvm(); linuxX64()
+                // common main depends on 1.0
+                sourceSets.getByName("commonMain").dependencies { this.api(mockedDependency("foo", "1.0")) }
+                // jvm main depends on lib that transitively depends on 2.0
+                sourceSets.jvmMain.dependencies { api(project(":lib")) }
+            }
+
+            libProject.applyMultiplatformPlugin().apply {
+                jvm(); linuxX64()
+                sourceSets.jvmMain.dependencies { api(mockedDependency("foo", "2.0")) }
+            }
+        }
+    }
+
     private fun Project.defaultTargets() {
         kotlin { jvm(); linuxX64(); js(); applyDefaultHierarchyTemplate() }
     }
diff --git a/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/SourceSetDependenciesResolution.kt b/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/SourceSetDependenciesResolution.kt
index 091b50f805d..dd9e255ff04 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/SourceSetDependenciesResolution.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/functionalTest/kotlin/org/jetbrains/kotlin/gradle/dependencyResolutionTests/SourceSetDependenciesResolution.kt
@@ -6,6 +6,7 @@
 package org.jetbrains.kotlin.gradle.dependencyResolutionTests
 
 import org.gradle.api.Project
+import org.gradle.api.internal.project.ProjectInternal
 import org.gradle.kotlin.dsl.maven
 import org.jetbrains.kotlin.gradle.dsl.kotlinExtension
 import org.jetbrains.kotlin.gradle.dsl.multiplatformExtension
@@ -29,20 +30,36 @@ abstract class SourceSetDependenciesResolution {
         /**
          * Declares an API dependency to test:[name]:[version] for [sourceSetName] source set
          */
-        fun api(sourceSetName: String, name: String, version: String) {
+        fun api(sourceSetName: String, name: String, version: String): Unit = project
+            .kotlinExtension
+            .sourceSets
+            .getByName(sourceSetName)
+            .dependencies { api(mockedDependency(name, version)) }
+
+        fun mockedDependency(name: String, version: String): String {
             declaredDependencies.add(name to version)
-            project.kotlinExtension.sourceSets.getByName(sourceSetName).dependencies { api("test:$name:$version") }
+            return "test:$name:$version"
         }
     }
 
-    fun assertSourceSetDependenciesResolution(expectedFilePath: String, configure: SourceSetDependenciesDsl.(Project) -> Unit) {
+    /**
+     * If [withProject] is not null then dependencies of source sets in this projects will be verified against [expectedFilePath]
+     *
+     */
+    fun assertSourceSetDependenciesResolution(
+        expectedFilePath: String,
+        withProject: ProjectInternal? = null,
+        configure: SourceSetDependenciesDsl.(Project) -> Unit
+    ) {
         val repoRoot = tempFolder.newFolder()
-        val project = buildProject {
-            enableDefaultStdlibDependency(false)
-            enableDependencyVerification(false)
+        val project = withProject ?: buildProject {
             applyMultiplatformPlugin()
+        }
 
-            repositories.maven(repoRoot)
+        project.allprojects {
+            it.enableDefaultStdlibDependency(false)
+            it.enableDependencyVerification(false)
+            it.repositories.maven(repoRoot)
         }
 
         val dsl = SourceSetDependenciesDsl(project)
diff --git a/libraries/tools/kotlin-gradle-plugin/src/functionalTest/resources/dependenciesResolution/KT66375JvmDependenciesShouldNotDowngrade.txt b/libraries/tools/kotlin-gradle-plugin/src/functionalTest/resources/dependenciesResolution/KT66375JvmDependenciesShouldNotDowngrade.txt
new file mode 100644
index 00000000000..2452ba24954
--- /dev/null
+++ b/libraries/tools/kotlin-gradle-plugin/src/functionalTest/resources/dependenciesResolution/KT66375JvmDependenciesShouldNotDowngrade.txt
@@ -0,0 +1,22 @@
+commonMain
+  test:foo:1.0
+commonTest
+  test:foo:1.0
+jvmMain
+  project :lib
+  test:foo:2.0
+jvmTest
+  project :lib
+  test:foo:2.0
+linuxMain
+  test:foo:1.0
+linuxTest
+  test:foo:1.0
+linuxX64Main
+  test:foo:1.0
+linuxX64Test
+  test:foo:1.0
+nativeMain
+  test:foo:1.0
+nativeTest
+  test:foo:1.0